DotCloud

Enabled developers to host, assemble and run their applications

Description

dotCloud was a platform as a service (PaaS) for developers that enabled them to host, assemble and run their applications on the service. Through dotCloud, numerous organizations found a safe and stable stage to maintain their organizations. dotCloud gave origin to the Docker project which became so successful that the company changed its name to Docker. As the potentials for Docker increased, the team decided to concentrate on it and sold off dotCloud to Berlin-based company CloudControl.

Stats

Category

Software and Hardware

Country

United States

Started

In 2008

Closed

By 2016

Number of Founders

One

Name of Founders

Solomon Hykes

Number of Employees

Between 251 And 500

Number of Funding Rounds

3

Total Funding Amount

$13.7M

Number of Investors

15

Precise Cause of Failure

Mismanagement of Funds

Business Outcome

Bankruptcy

Cause of Failure

dotCloud closed on February
29, 2016. The mother company, CloudControl, filed for bankruptcy and dotCloud,
a very small part of the German organization, could not sustain operation costs
by itself thus decided to stop its operations.

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dotCloud was a platform as a service (PaaS) for developers that enabled them to host, assemble and run their applications on the service. Through dotCloud, numerous organizations found a safe and stable stage to maintain their organizations. dotCloud gave origin to the Docker project which became so successful that the company changed its name to Docker. As the potentials for Docker increased, the team decided to concentrate on it and sold off dotCloud to Berlin-based company CloudControl.

Cause of Failure

dotCloud closed on February
29, 2016. The mother company, CloudControl, filed for bankruptcy and dotCloud,
a very small part of the German organization, could not sustain operation costs
by itself thus decided to stop its operations.